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Cost Engineer and Estimator III Salary in the United States

Cost Engineer and Estimator III Salary

How much does a Cost Engineer and Estimator III make in the United States? The average Cost Engineer and Estimator III salary in the United States is $105,300 as of March 26, 2024, but the range typically falls between $92,300 and $121,200. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Cost Engineer and Estimator III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Cost Engineer and Estimator III Salary $80,464 US March 26, 2024
25th Percentile Cost Engineer and Estimator III Salary $92,300 US March 26, 2024
50th Percentile Cost Engineer and Estimator III Salary $105,300 US March 26, 2024
75th Percentile Cost Engineer and Estimator III Salary $121,200 US March 26, 2024
90th Percentile Cost Engineer and Estimator III Salary $135,676 US March 26, 2024
25% $92,300 10% $80,464 90% $135,676 75% $121,200 $105,300 50%(Median) Didn’t find job title? Click
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Job Description

The Cost Engineer and Estimator III collects and analyzes all project costs, including raw materials, labor, equipment and tooling to ensure estimates are accurate. Estimates costs for engineering projects based on an analysis of project technical requirements. Being a Cost Engineer and Estimator III updates costs as necessary based on new information and project scope changes. Identifies and quantifies potential cost uncertainties to ensure costing models capture the full range of potential costs. In addition, Cost Engineer and Estimator III requires interface with project management, engineering, and procurement departments. Requires a bachelor's degree. Typically reports to a manager. Being a Cost Engineer and Estimator III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Working as a Cost Engineer and Estimator III typically requires 4 to 7 years of related experience. (Copyright 2024 Salary.com)

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Job Openings for Cost Engineer and Estimator III

Career Path for this job

  1. Down a level:

    Cost Engineer and Estimator II

    2 - 4 years experience
    Bachelor's Degree

  2. This Job:

    Cost Engineer and Estimator III

    4 - 7 years experience
    Bachelor's Degree

  3. Up a level:

    Cost Engineer and Estimator IV

    7 + years experience
    Bachelor's Degree

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Average Base Salary

Core compensation

 
 
 
92300
121200
105300

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
94900
127600
108400
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Cost Engineer and Estimator III in the United States. The base salary for Cost Engineer and Estimator III ranges from $92,300 to $121,200 with the average base salary of $105,300. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $94,900 to $127,600 with the average total cash compensation of $108,400.
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92300
121200

 

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